BUSINESS AND ASSETS
FOR SALE – Project Flamingo
Project Flamingo is an opportunity to acquire the trade and certain assets of a consultancy business providing commercial, planning and project control services into engineering and contracting sectors
|
•
|
Director owned and managed business
|
|
•
|
Full time employed staff of 25
|
|
•
|
Reliance on key sub-contract resource
|
|
•
|
Assets available for sale include
|
|
•
|
IT Equipment
|
|
•
|
Order Book
|
|
•
|
Goodwill
|
|
•
|
Turnover FYE 23 - £1.6m, FYE 24 - £2.75m
|
|
•
|
Gross profit/(loss): FYE 23 – (£337k), FYE 24 – (£150k)
|
|
•
|
Indicative offers are required by 12pm on 23 October 2024, with the expectation that a sale is to be concluded by no later than the close of business on 29 October 2024 and therefore only parties that are able to work within this time frame should respond. We reserve the right to close the bidding early or extend the deadline, without liability or advance notice.
|
|
•
|
All interested parties will be required to sign a non-disclosure agreement. Upon the completion of a signed non-disclosure agreement a sales pack and information memorandum will be provided.
|
|
•
|
Proof of funding is required.
|
|
Chris Pickles
|
|
Cerberus Receivables Management
|
|
Missouri Avenue
|
|
Salford
|
|
Manchester
|
|
M50 2NP
|
|
0161 808 1800
|
chris.pickles@cerberus-group.com
